8-K
Jerash Holdings (US), Inc. (JRSH)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The SecuritiesExchange Act of 1934
Date of Report (Date of earliest event reported):
February 2, 2026
Jerash Holdings (US), Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-38474 | 81-4701719 |
|---|---|---|
| (State or other jurisdiction<br><br>of incorporation) | (Commission File Number) | (IRS Employer<br><br>Identification No.) |
| 277 Fairfield Road, Suite 338, Fairfield, NJ | 07004 | |
| --- | --- | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code:
(201) 285-7973
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common stock, par value $0.001 per share | JRSH | The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§ 240.12b–2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 Entry into a Material Definitive Agreement.
On February 2, 2026, Jerash Garments and Fashions Manufacturing Company Limited (“Jerash Garments”), a wholly owned subsidiary of Jerash Holdings (US), Inc. (the “Company”), received the approval from the Housing Bank for Trade and Finance (the “Housing Bank”) of a property purchase request (the “Property Purchase Request”) submitted by Jerash Garments to the Housing Bank on January 20, 2026 for the purchase of a manufacturing building and associated land (the “Property”) located on Property No. 1326, Basin No. 3 Abu Sawwana, Al-Ruqaim Village, from the lands of South Amman, Jordan. The purchase price is 2,400,000 Jordanian Dinars (approximately $3,384,000), to be paid via down payment and bank financing from the Housing Bank. Jerash Garments has inspected the Property, accepted responsibility for all fees and expenses related to the transfer of ownership, and agreed to register the Property in its name and bear all ownership transfer fees payable by both the seller and the buyer at the Land and Survey Department.
The foregoing description of the Property Purchase Request does not purport to be complete and is qualified in its entirety by reference to the full text of the Property Purchase Request, a copy of which is filed herewith as Exhibit 10.1 and is incorporated by reference herein.
Item 8.01 Other Events.
On February 5, 2026, the Company issued a press release to announce the purchase of the Property. The press release is furnished herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number | Exhibit |
|---|---|
| 10.1 | Property Purchase Request to the Housing Bank for Trade and Finance on January 20, 2026 |
| 99.1 | Press Release dated February 5, 2026 |
| 104 | Cover Page Interactive Data File (embedded within the<br> Inline XBRL document) |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| JERASH HOLDINGS (US), INC. | ||
|---|---|---|
| Date: February 5, 2026 | By: | /s/ Choi Lin Hung |
| Choi Lin Hung | ||
| Chairman of the Board of Directors,<br><br>Chief Executive Officer, President, and Treasurer |
2
Exhibit 10.1
Property Purchase Request / Real Estate Portfolio
To the Esteemed Housing Bank
Date: 20/1/2026
Real Estate Portfolio Center / Branch: King Abdullah II Industrial City
Kindly be informed of my desire to purchase the property/apartment No. ( ) located on Land Plot No. 1326, Basin No. 3, Basin Name: Sawana, Village No. ( ), Block No. 1, from the lands of South Amman, at a purchase price of 2,400,000 Jordanian Dinars, only two million four hundred thousand Jordanian Dinars and no more.
| ● | Method of payment: Down payment + bank financing |
|---|
Applicant’s Notes:
| ● | I acknowledge my full responsibility for all fees and expenses<br>arising from the transfer of ownership of the above-mentioned property. |
|---|---|
| ● | I undertake to adhere to the period granted to me for the purpose<br>of settling the amount and transferring ownership of the property in accordance with the bank’s approval. In the event of my failure<br>to comply with the specified period, the bank’s approval shall be considered null and void. |
| --- | --- |
Applicant Name: Jerash Garments and Fashions Manufacturing Company Limited
Phone Number: [*]
National ID No. (Individuals/Companies):
Passport No. (for non-Jordanians): [*]
Commercial Registration No. (Companies): [*]
Application Submission Date: 15/1/2026
I also hereby inform you that Mr. (Name of Property Marketer) has marketed the property and presented it to me through all available means, and I agree to purchase the property in accordance with the procedures followed by your bank.
| Signature: | /s/ Choi Lin Hung |
|---|
For Branch / Workplace Use
Name of Property Marketing Officer:
Workplace:
Signature:
Date:
Name of Direct Manager:
Workplace:
Signature:
Date:
For Real Estate Portfolio Center Use
| ☐ | Client’s identity verification documents have been received. |
|---|---|
| ☐ | All inquiries have been conducted in accordance with the relevant<br>work procedures. |
| --- | --- |
Name of Employee:
Workplace:
Signature:
Date:
Name of Direct Manager:
Workplace:
Signature:
Date:
2
Acknowledgment and Undertaking
Date: 15/01/2026
I, the undersigned, ....................................................
National ID / Passport No.: ...........................................
I, the undersigned, ....................................................
National ID / Passport No.: ...........................................
In my capacity as an authorized signatory on behalf of Jerash Garmentsand Fashions Manufacturing Company Limited, pursuant to Commercial Registration No. (2478179) dated 17/09/2025, I hereby acknowledge that I submitted a written application dated (07/01/2026) in the amount of (2.39) million Jordanian Dinars to purchase the property owned by the Housing Bank for Trade and Finance.
After inspecting the property No. (1326), Basin No. (3) Abu Sawwana, Al-Ruqaim Village, from the lands of South Amman, which was referred to the Bank pursuant to a debt execution transaction, we hereby submit another application to purchase the above-described property dated (15/01/2026) for an amount of (2.4) million Jordanian Dinars (only two million four hundred thousand Jordanian Dinars), after obtaining ownership approvals from the Investment Authority, the Land and Survey Department, and the Bank’s sale committees.
Accordingly, I hereby acknowledge the following:
| 1. | I have personally inspected the property and examined it in all its details and verified its conformity with the official documents<br>issued by the competent authorities. |
|---|---|
| 2. | I declare that I am fully aware of the property intended to be purchased from the Bank, in accordance with the data stated above,<br>and that there is no ignorance on my part regarding the property. |
| --- | --- |
| 3. | I release the Bank and/or any of its employees from any liability and undertake not to claim any financial or in-kind rights arising<br>from the described property after completion of the transfer process. |
| --- | --- |
| 4. | I undertake to bear any expenses and/or costs and/or fines and/or regulatory fees and/or taxes that may arise on the referred property<br>after the transfer of ownership at the Land and Survey Department. |
| --- | --- |
| 5. | To register the entire property in the name of Jerash Garments and Fashion Manufacturing Company at the Land and Survey Department. |
| --- | --- |
| 6. | We undertake to bear the ownership transfer fees payable by both the seller and the buyer at the Land and Survey Department that arise<br>on the referred property. |
| --- | --- |
This acknowledgment has been issued by me knowingly and willingly on Thursday (15/01/2026).
| Name: | Choi Lin Hung |
|---|---|
| Signature: | /s/ Choi Lin Hung |
| --- | --- |
3
Exhibit 99.1
Jerash Holdings to Acquire New ManufacturingFacility and Associated Land;
Expected to Significantly Increase Company’sProduction Capacity
Fairfield, New Jersey – February 5, 2026 – Jerash Holdings (US), Inc. (Nasdaq: JRSH) (the “Company” or “Jerash”), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced it has received approval from the Housing Bank for Trade and Finance (the “Housing Bank”) to acquire an approximate 184,000 square-foot, bank-owned manufacturing building and associated land adjacent to its existing facilities in Amman, Jordan, for around $3.4 million.
The Company committed a $0.6 million down payment, with the Housing Bank financing the remaining $2.8 million of the acquisition over an eight-year period, with the first principal payment due from Jerash in February 2027.
Jerash plans to invest an additional approximate $5.0 million to renovate the property and for the purchase of advanced manufacturing equipment to establish its new flagship production complex. This strategic investment is expected to allow Jerash to increase its manufacturing capacity by at least 40 percent and support increasing demand from existing customers, while enabling the Company to pursue new business opportunities.
Renovations are anticipated to be completed before the end of 2026. Once operational, the new facility is expected to gradually employ up to approximately 2,500 workers, as demand and order volumes increase. Recruiting efforts will begin before renovations are completed and prior to the installation of new equipment, ensuring the facility can ramp up operations quickly upon completion.
“This investment in our future reflects management’s and our board’s confidence in the strength of our business, our markets, and long-term growth outlook, and represents a major milestone in Jerash’s business growth strategy for the next five years,” said Sam Choi, Jerash’s chairman and chief executive officer. “Customer demand from global apparel brands continues to strengthen, and this new facility gives us the necessary capacity and technological capability to scale responsibly, while maintaining the quality and reliability our customers expect.
“Beyond increasing production, this investment is about people and partnerships. We are very excited to bring new jobs and new people to the community, and expand our business with new and existing customers, as we position Jerash to achieve sustained growth and success for years to come, and further enhance shareholder value,” Choi added.
About Jerash Holdings (US), Inc.
Jerash Holdings (US), Inc. manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands and retailers, including VF Corporation (which owns brands such as The North Face, Timberland, and Vans), New Balance, G-III (which licenses brands such as DKNY and Nautica), Acushnet Holdings Corp (which owns the brand FootJoy), American Eagle, and Skechers. Jerash’s existing production facilities in Jordan comprise six factory units and four warehouses, and Jerash currently employs approximately 6,000 people. Additional information is available at www.jerashholdings.com.
Forward-Looking Statements
This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect”, “seek”, “potential,” “outlook” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, completion of the new facility before the end of 2026, Jerash’s current views with respect to future events and its financial forecasts, and expansion of the customer base among high-profile global brands, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by Jerash with the U.S. Securities and Exchange Commission. These and other risks and uncertainties are detailed in the Company’s filings with the U.S. Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Statements contained in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Jerash does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law.
# # #
For more Information, Contact:
PondelWilkinson Inc.
Judy Lin or Roger Pondel
310-279-5980
jlin@pondel.com